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The head of the crypto fund, Charles Edwards, said that the cryptocurrency exchange rate will grow many times over 5 years, and by capitalization it will be equal to gold.
Within 5 years, Bitcoin will rise in price to $ 100,000, Charles Edwards, co-founder of the digital asset management fund, wrote in his Twitter account. He came to this conclusion by calculating the "energy value" of the asset.
It can be determined by knowing the growth rate of the computing power of the Bitcoin network and the effectiveness of mining equipment, Edwards explained. Based on this, it can be assumed that in five years approximately 1.5% of the electricity generated in the world will be spent on cryptocurrency mining, the entrepreneur predicted.
He added that by 2025 mining energy costs are likely to triple in relation to current rates. This will help Bitcoin's capitalization reach $ 1.8 trillion, and over time, possibly $ 8 trillion, equaling gold, Edwards said.
He emphasized that this scenario is not the only option. The forecast is based on historical data, in the future the figures may differ significantly from the estimates, the co-founder of the company said.
On February 15, a multiple increase in the value of Bitcoin was also predicted by Heisenberg Capital founder Max Kaiser. According to him, the coin will rise in price to $ 400,000, and now it is as attractive an investment as with the BTC price of $ 100.
How interesting is each of you thinking about this Bitcoin price forecast!?
источник https://www.rbc.ru/crypto/news/5e4ab1549a79473ec4b2f1b5